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Replies to post #83293 on Quantum Materials Corp. (fka QTMM)
Ecomike
01/05/20 5:30 PM
#83305 RE: drugmanrx #83293
drugmanrx Sunday, 12/29/19 09:14:11 AM Re: shoondale post# 82973 0 Post # of 83292 From that 10q referenced: On or about December 23, 2018, Assam Electronics Development Corporation LTD (an Indian government enterprise involved in the development of the manufacturing facility in India) paid the first investment of $1M USD into the overall project fund. Amtronics then transferred a $500K USD commitment fee to the group that has secured the $20M investment funding. In terms of direct funding, the Company received a $500,000 payment from Amtron/Amtronics in March 2019. "